The International Maritime Organization has decided to make it mandatory to weigh loaded containers before they are transported by sea. The initiative is designed to enhance safety and prevent pollution of the marine environment.
The American Association of Port Authorities (AAPA) has joined the U.S. Department of Transportation, Maritime Administration, PFM Group and other port industry experts in creating the first section of a new manual to aid U.S. port authorities in planning and paying for critical infrastructure projects.
The operational performance of the world's container terminals shows wide variation depending on location, terminal size and traffic type, according to the Container Terminal Capacity and Performance Benchmarks report published by shipping consultancy Drewry.
New York-based Natural Resources Defense Council has released a report on air pollution in China citing shipping as a major contributor and recommending the introduction of emission control areas.
Carriers can still make money despite falling freight rates, according to Drewry's latest Container Annual Review & Forecast 2014/15. Surprisingly, some medium-sized lines retain unit cost advantages.
The recovery of the ocean container industry – possibly by late 2016 or 2017 – is to be based around the formation of the new mega alliances and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level, according to Drewry's Container Annual Review & Forecast 2014/15. A different recovery is taking shape, which is unlikely to be built on any improvement in freight rates.
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway, total cargo tonnage from March 25 to September 30 reached 24.4 million metric tons.
As a part of the strategy to expand its logistics business further in Asia, Kawasaki Kisen Kaisha Ltd., or "K" Line, has agreed to establish a joint venture with Cool Japan Fund Inc. and Japan Logistic Systems Corp. to build and operate a cold storage in the outskirts of Ho Chi Minh City in Vietnam.